11442 10/02/2008 1 rom 990-PF AN Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation tiga Reverun Ser” Note. The foundation maybe sl to ue copy thre to say tate reporting requremens For calendar year 2008, or tax year Beginning and engin & Check al hat apo Initial return Falta ‘Amended tum ‘Address change Name change’ Use the IRS | Nae oftomeon 7 Employer identiiaton number label 344869 otterwise, | THE FUND FOR DEMOCRATIC COMMUNITIES rember ee pap print | Tamberard sree (orP.O boxrumber fas rot deveresto set acdees) | Roomvaute 17-5329 ortype. | 1214 GROVE STREET © exemption app nara > See Specitic [oxy orton, at ard 2P cove Forsgnorgnaatene, check rere > Instructions. |_ GREENSBORO Nc_27403 H Check type of organization TR) Secton SOTO) sem rte onsen tone eek an etaencorpion > [] ‘Section 4947()(1) nonexempt charitabe trust |_| Other taxable private foundation Morte oursten slat wes erminted 1’ Fair market value ofall assets at end | J Accounting metnod: IX] cash [_] Accrual Lundersecton 507(b(1}), checkers > of yar (rom Patt, co (), (ote tepeciy Fhe fandeten ena Bomerthernaon line 16) S$ 265 , 964] (Part column (4) must be on cash basis) Lunde ston 8716), chek eee > Part! Analysis of Revenue and Expenses Tie | (a) Revene one (@) Biers taoancuts columns C3 (may nl ecesoay | PESEEPe |) Netinestnert | (6) Aes ret sree cual to ams in ot (90651 of to estuctrs)) ie, Contos, as, recived lac chee 402,000 2 check B [the foundation snot eauredta stack Se 3 lnlereston savings and temporary cash investments 5,056 5,056 5,056] 4 Divers and interest rom securties 52 Gross rents @ |b Netrental income or (oss) | 6a netancr fos) tom se ota tonne 12 S| b crosses pic tral assets ono so | 7 captal gain net income (tom Part IV, ine 2) ° 8 Net shor-tem captal gain Q Income medieatons a Gross sles ess rus & allwances Less: Cost of goods sold Gross profit or (oss) tach schedule) ‘1 Other income (attach sched) 42_Total Ad ines t through 11 407, 056 5,056 5,056] « | 12 Compensation of offices, directors, ustes, ee 15,000 11,250 3 | 14. omer empoyessalanes and wages 77,260 57,945 § | 15 Penson plans employes eet 7,342 5,506 S| 16a Legal ees attach schedue) See Stmt 1 2,313] a PD Accounting feos (atch schedule) Stmt 2 875 Z| © ctor protesnal es atch eect) B [a7 terest B [18 tansomernioas) orp ttesinwcon) Stmt 3 062 336] 336) 5,750 | 19 spre atch sch) andcepsten Ste 4 6,514 B |20 occupancy 7,056 3,813 = |24 Tevet corterences, end mesings 5,028 31833 E | 22 Printing and pubications 2,971 2,971 2| 23 onwesemn itn) Stmt 5 stmt 6 24,311) 75| 75) 2,370 & |24 Total operating and administrative expenses S| Adsines 13 trough 23, 156,732 471| 471 103, 438 B | 25 contnbutons, gis, grans paid 43,128 43,128 26 Total expenses and disbursements, As ins 24 snd 25 799,660 471| a7 146,566 ‘27 Subtract ine 25 trom tne 12 2 Excess of revenue over expenses & disbursements 207,196 Net investment income negative, enter-0-) 4,585) € Adjusted net income (f nagatve entero. 4,585] For Privacy Act and Paperwork Reduction Act Notice, see page 80 of the instructions, For 990-PF (208Form 990-PF (2008) THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Page 2 Parti” Balance Sheets fzeiehifcirarana cay CSCMOSSATY [Psa ee * v {a)_B00k Valve {o) Book Value c) Fair Marist Vaio 1 Cosh—oninret ag 6 405} 19,238 19,235 2_Saings na tenprry cosh vests 38,137| 213,194] 213,194 2 Acai cele Les: stovnce fr sunt accounts 4 Pleo cele > Les slovonce er sountl accounts 5 Gate recavaie 6 Recvaties ue fom fer, ret, stn, nd ther ) 25_Toa abies od nes 7 rough a o Foundations that follow SFAS 117, check here [X) Bl oe Unearets 30,768, 265,964 S| 25. Termporaniy restricted B| 25 Pemanenty artes Zz Foundations that do not follow SFAS 117, check here > [_] | _—_srdcomplt ins 27 trough 31 S| 27 capital sok it neat or caer nds | 29 Retained earnings, accumulated income, endowment, oF other funds B) 20 Total net assets or fund balances (see page 17 ofthe 3) nsreion) 58,768, 268,964 | 21 Total liabilities and net assets/fund balances (see page 17 efeitos 50,760] 268,964 Part ill Analysis of Changes in Net Assets or Fund Balances 1 Teale aoe ound blest begining yes—Pa I column (ne 3 (mis ogre wh encore reported on po year rtur) 1 58,768 2 Ener unt tom Pa ne 278 2 207,196 9 Ober meenses rot nelusean ine 2 erize) 3 4 adines 1.2 ands 4 365,964 5 Decreases otneesin ne? lie) 5 6 Tone ser ud tlre ed ofa in ins ne )—Port I coun) ne 30 365,964 Form 990-PF (a)11442 10/02/2009 11:58 AM Form 990-PF (2008) THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Page 3 PartIV_ Capital Gains and Losses for Tax on Investment Income (a), List and cescroe te kas) f prope sok eg. rel estate, (8) Mavacqares | (0) Daieacaured | (a) Dasa sary rex wtereune or comer secx, 200.8% LOCO) Eputaae (mean) | to, day) 4a N/A. » Fl (0 Depeiaion alowed (a) Codtarcrerboae TH) Gan er fon) (6) ross sake pree for alewabs) Pus expense of sae (©) pes minus (@) » d ‘Complete ony for assets showing gain in column (hand onmed by the foundation on 12/31/68 (9, cans(Col gan minus ) Austad bane () Boose cioa batt ee than oF : 5 PartV Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income, (For optional use by domestic private foundations subject tothe section 4940(a) taxon ne Investment income.) If section 4940(4)(2) apples, leave this part blank ‘Was the foundation lable forthe section 4942 tax onthe distributable amount of any year in the base period? —-[_] Yes [X] No Ye," the foundation does nat quay under section 4940(e). De nat complete this prt 4 Enier the appropriate amount in eech column for each year, see page 18 ofthe instructions before making ny entries, @, (b) ©, @ Base ped yrs cst aula ditions Netvote of rondSntobleuse eesets stun ato calender nx yearSegining in shed oy elo 2007 2,262 22,377 0.101086 2006: 2005; 20041 2005) 2 Total of tne 1, column (d) 2 0.101086 3 Average distribution ratio forthe 5-year base period divide the total online 2 by 5, or by the ‘umber of yeers the foundation has been in existence fess than S years 3 0.101086 4 Enter the net vale of oncharitable-use assets for 2008 from Part X, ine S 4 215,076 ‘5 Multiply tine 4by line 3 5 21,741 6 Enter 195 of net investment income (19h of Part tine 276) 6 46 7 Ratings S and 6 1 21,787 8 Enter qualifying cistibutions rom Part Xl tne 4 146,566 Iie & is equa oor greater than ne 7, check the born Part VI, ine 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18, Form 990-PF (20811442 10/02/2009 11.5 AM Form 990-PF (2008) THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Page 4 Part Vi Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions) Te Bren operaing unalone descrbed nsecton S402, chechee [| ardent NA” on ine Dae of ing eter: etach copy ot ling ltr nacessiy—te nettle) b Domestic foundations that meet the section 4940(e} requirements in Part V, check 4 46 rere) and ere 9 of Pat ne 27 ater domes undone enter 2 of ne 27 Exempt foregn exoanzatons eter 4% Pat ine 2c 2 Tecunder eacton 61 domes ecto 42479) truss an ible foundten ony. Oters er) a ° 3 Add tines 1 and 2 3 46 4 Subtitie A (income) tax (domestic section 4947(a}(1) trusts and taxable foundations only. Others enter -0-) 4 0 5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -O- 5 46 © CrestcPaymens ‘22008 estintd tx payers and 2007 overpeynent reste io 2008 6a Exempt torn eganzaone tx weld a source se ¢Tarpeidvin applean fr exenaon of tne ie (Fe 886) fe Backup whaling enone vated a 1 Tel reds and peymets Ad ine 6 trough 6d 1 8 Enerany penalty fr underpayment ot estinated tx Checker] i Fonm 2220 ataced a 9 Tax due. If the total of lines 5 and 6 is more than line 7, enter amount owed rls 46 40. Overpayment Ine smere thn tela fies Sad 8 er he amount overpaid > [ae 11_Enterinegmount one 0's be, Cede to 2009 estimated tx retuniea_p [11 Part VIl-A. Statements Regarding Act ies ‘Dig etre, luton atonpt to hunce ny Tolan Halse ain Ba ars pata cr leven ran ola eampagn? el TX Did teped mare than 100 aun the ya (te ret ore pocalpupone (ee fae 183 eftbenstucors er dfn)? w| |x Me arewer Yeon, ach eid despa tects ere eal of any ll publaed or tad by te oundatan in cannectan vith he aches. Did eudton le For 120.90. i er? se] [x Emer te amount an) oft pot expendties (eaten 495) posed ding he year, (1 Onthetunioton > 3 (2) Onfounaton managers. $ ‘© Enter the remmbursement (any) pad bythe foundation during the year for politcal expenditure tax impesed on foundation managers. BS 2. Has the foundation engaged in any aetites that have nat previously been reported to the IRS? 2 x tes. attach a detailed description ofthe activites. ‘3 Has the foundation made any changes, not previously reported to the IRS, ints governing instrument, ates of incorporation, or bylaws, or eter similar instruments? If"Yes,” attach a conformed copy ofthe changes 3 x 442. Did the foundation have unrelated business gross income of $1,000 or more dung the year? 4a x b If "Yes," has it fled a tax return on Form 990-T for this year? N/A [4b 15) Was therealiquiaten termination, dssoiin, or substantial contacto cute the year? 5 x Yea, attach the statement equredby Gere Instruction T 8 Are the requirements of section $08(¢) (eating o sections 4841 through 4945) satisfied ether: « By language inthe governing instrument, of 1 By state legislation that effectively amends the governing instrument so that no mandatory rections that confict withthe stat law remain inthe governing instrument? o|x 7. Did the foundation have at least $5,000 in assets at any time during the year? If "Yes." complete Parl, cal. (c), and Part XV 7|x ‘8a Enter the states to vnich the foundation reports or wth which itis registered (see page 19 ofthe instructions). NC. 1b Ifthe answer is "Yes" to line 7, has the foundation furnished a copy of Form 880-PF tothe Attomey General (ce designate) of each state as required by General Instruction G7 If"No," attach explanation a» | x 8 _Isthe foundation claiming status asa private operating foundation within the meaning of secon 49424)(3) ‘or 49421)(5) for calendar year 2008 or he taxable year beginning in 2008 (see Instructions for Pat XIV on page 27)? "Yes," complete Part XIV o|x 410. Did any persone become substantial contributors during the tax year? I "Yes. attach a schedule isting ther names and addresses Stmt_8 ol Xx 9/23 FTP 1 TOT FT rorm 980-PF 208)11442 10/02/2008 1 Form 990-PF (2008) AN Part VILA Statements Regarding Activities (continued) THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Page 5 " 2 ® 1“ 1 At anytime during the yes. i te foundation, deco ine ow a cooled entiy wi he meaning of secon 512 "Yes" alach echecl (a page 20 el he tts) Dic the foundation acquire a cect or incirect interest n any applicable insurance contract before ‘August 17, 20087 Dic the foundation comply withthe pubic inepection requirements fr is annual returns and exemption application?” Website addess WwW. £4dc.org ‘The books are incareot_& MARNIE THOMPSON Tetephoneno, & 336-275-1781 1214 GROVE STREET Locatedst » GREENSBORO, NC Section 4947(a)(1) nonexempt charitable trusts fling Form 990-PF in leu of Form 1041—Check here and enter the amount of tax-exempt interest received or accrued during the year Part VIB Statements Regarding Activities for Which Form 4720 May Be Required zpss & 27403 > | ss | rn x 2 x lx -O te 3a le Form 4720 any item is checked in the "Yes" column, unless an exception applies During the year cid the foundation (either directly o nec) (1) Engage inthe sale or exchange o leasing of property wth a d'squalifed person? (2) Borrow money from, lend money to, or atherwise extend credit to (or accept from) a squalid person? (3) Furnish goods, services, or facilis to (or accept them from) a disqualified person? (4) Pay compensation to, or pay o reimburse the expenses of, a disqualified person? (6) Transfer any income of assets toa clequalified person (or make any of ether avalable for the benefit or use ofa disqualified person)? [Agree to pay money or property toa government oficial? (Exception. Check “Not the foundation agreed to make a grant o orto ernpoy theofficial fo @ period after termination of government service, if terminating vithin 90 days.) I any answer is "Yes" to 14(1}(6), did any ofthe acts fal to qualify under the exceptions described in Regulations section 53 4941(¢)-3 on a current notice regarding disaster assistance (see page 20 ofthe instructions)? Organizations relying on a current notice regarding disaster assistance check here Dic the foundation engage ina prior year in any ofthe acts described in a, other than excepted acs, that were not corrected before the first day ofthe tax year beginning in 20087 “Taxes on failure to cistribute income (section 4942) (does not apply for years the foundation was a private ‘operating foundation defined in eecton 4942()(3) or 4042()5)) [At the end of ax year 2008, did the foundation have any uncstributed income (ines 6d and 66, Par Xil} for tax year(s) beginning before 2008? 1108," fitthe years 20 2 20 2 ‘Ace there ary years iste in 2a for which the foundation fs not appying the provisions of section 4942(a)(2) (relating to incorec valuation of assets) to the years uncstributed income? if applying section 4942(a)(2), tall years lsted, answer "No" and attach statement—see page 20 ofthe inetructons,) Ifthe provisions of section 4842(a)(2) are being applied to any ofthe years Iisted in 25, st the years here > 20 20 20 20 Dic the foundation hold more than a 2% cirect or indirect interest in any business enterprise al any tie during the year? Ife," did it have excess business holdings in 2008 as a result of (1) any purchase bythe foundation or lisqualified persons after May 26, 1969; (2) the lapse ofthe 5-year period or longer period approved by the ‘Commissioner under section 484(¢\7) to dispose of holdings acquired by gi or bequest; or (8) the apse ‘ofthe 10, 15 oF 20-year frst phase holding period” (Use Schedule C, Form 4720, to determine the foundation nad excess business holdings in 2008.) Dic the foundation invest during the year any amount in a manner that would jeopardize ts charitable purposes? Di the foundation make any investment ina pri year (out after December 31, 1989) that coud jeopardize its N/A | 46 no N/A | 2b Bi no N/A | 3b 4a x 40 x Form 990-PF (200811442 10/02/2009 11:58 AM Form 900-PF 2008) THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Page 6 Part VII-B Statements Regarding Activities for Which Form 4720 May Be Required (continued) ‘5a During the year cid the foundation pay or incur any amount to (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(€))? Lyes [Ki no (2) Influence the outcome of any specific public election (see section 4955); of to cary on, rectly or indcectly, any voler registration deve? H Yes & No. (9) Provide @ grant to an individual for rave, study, oF other similar purposes” Yes [X No (4) Provide 2 grant to an exganization other than a charitable, et. organization described in section 609(a)(1), (2), or), or section 4940(d)(2)? (ae page 22 of the instructions) Ll ves Xi no. (6) Provide for any purpose other than religious, chartabl, scientific, Iterary, of ‘educational purposes, or forthe prevention of crusty to children or animals? Dyes BX No. Hany answer is "Yes" to 5a(1}{8), did any ofthe transactions fal to qualify under the exceptions described in Regulations section 53.4945 or in @ current notice regarding disaster assistance (see page 22 of the instructions)? N/A | sv Crprttons ren on a cure nto epardng acer alana check ete ro the aneweri"Yes" to questo S(), oes the foundation clam exerptn tom he ax because I mained expenditure repanebly forthe rant? N/A (ves [1 no ives tach the tater rete by Regltonssecton 534945.) aid the funded, cringe year, rece an unde, recor net, ope prembne cn personal benefit contact? Ll ves i no > Dethe foundation, curing the year. pa rei, Alc onc, che peraanal bene Snot? w»| [x I youanewered "Yes" oo fhe Frm 8570. 7a Aany ime ding th tx year. vaste foundation apart oa prohbted tx sheer tansacon? (yes ff) no 'b__Ifyes, did the foundation receive any proceeds or have any net income attributable to the transaction? N/A | 7. Pat Vil Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employ and Contractors 7 Listall fier, directors, rstee, foundation managers and thelr compensation (ao page 22 ofthe insrutions) See e) copesne | LSREBGE |e pape (0) Nae andes (oy ue ete | (Ohcetironee | hsgese? |e) Epes, 2 Compensation of five highest-paid employees (other than those included on line 1see page 23 ofthe instructions). Inne, enter "NONE, (a) Nore and odcres of eas employes psd ere han 850,000 i mespewat™ |) conan Sos thee srteoepmion aaa siowerces Total numberof other employees paid over $50,000, > Form 990-PF (a5)11442 10/02/2009 11.5 AM Form 990-PF 2008) THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Part Vill Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and Contractors (continued) 3 Five highest-paid independent contractors for professional services (see page 23 of the instructions), none, enter "NONE (a)_ Nar an ads of ach person gid me than $5,000 b) Type ot sevice (e)_Conpensston| NONE Total numberof ethers receiving ver 850,000 for professional services > PartIX-A Summary of Direct Charitable Activities Listne foundations ur largest dred cartableacbitesdureg te tm year Include lever latscalivomaton euch ab he nab ‘ferganaatene ard ter benetoare ered cararnces artered aaron papers prio te Expenses 7 PROMOTION OF GRASSROOTS DEMOCRACY -- GRANT MAKING, COMMUNITY DISCUSSIONS, YOUTH GROUPS, ETC. 146,566 2 2 4 PartX-B_ Summary of Program-Related Investments (see page 23 of the instructions) Desobe the to bigest ogra sled investments made by he fundation dug he tye cn Ings 1 and 2 ‘Around 1 N/A 2 ‘Alohar pograrnreaiad restnants, Sa page 24 che nsructons 3 Total, Add lines 1 tough 3 Form 980-PF (2005)11442 10/02/2009 11.5 AM Form 990.P 2008) THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Page 8 PartX Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, ‘see page 24 of the instructions.) 1 Fair market vale of assets not used (or held or use) crecly in crying out chatable, ete purposes: ‘a Average monthiy fer market value of securities ta o 1b Average of monthly cash balances tb 218,351 © Fair market value of ll other assets (see page 24 ofthe instructions) 1c 0 4 Total (anes ta, b, and c) ‘a 216,351 © Reduction claimed for blockage or other factors reported on ines 1a and ‘1c (attach detaiec explanation) o 2 Aequston indebtedness applicable to line 1 assets 2 o 3. Subtractline 2 rom line 14 218,351 Cash deemed held for chartabe activities, Enter 1% % of line 3 (fr greater amount, see page 25 ofthe instructions) 4 3,275 '5 Net value of nonchartable-use assets, Subtect ne 4 from ine 3. Enter here and on Patt, ine 4 3 215,076 Minimum investment return. Enter 5% oftine 5 é 10,754 Part XI Distributable Amount (see page 25 of the instructions) (Secten 4642()) and (NS) private operating foundations and certain foreign organizations check here [X] and do not complet this part) Minimum investment return fram Part X, tne 6 4 2a Taxon investment income for 2006 ftom Pat VI, ne 5 za 'b-_tncome tax for 2008, (This does not nce the tax trom Part VI) 2 & Adines 28 end 2 2e 3 Dictribuable amount before adjustments. Subtract ine 2e from tne 1 3 4 Recoveries of amounts treted es qualiyng distributions 4 5 Addines 3 ana 4 5 {8 Deduction trom estrbutable amount (see page 2 of the instructions) 6 7 Distributable amount as adjusted, Subrat ine 6 ftom line 5. Enter here and on Pat Xi tne 4 1 Part Xi Qualifying Distributions (see page 25 of the instructions) 71 Amounts pa (ncuding administrate expenses) fo accomplish charable, tc, purposes ‘a Expenses, contrioutons, gts, ete—Iotal rom Part |, column (ne 26 1a 146,566 _Program-elated ivestments—ttal rom Part X-B 4b 2 Amounts paid to acquire asets used (or hed or use) rectly in carrying out chartabl, ete purposes 2 3 Amounts set aside for speci chartable projec tha satis the: Suitably test (pir IRS approval required) 3a 'b Cash distributon test (attach the required schedule) ab 4 Qualtying distributions. Add ines ta through 3. Enter here and on Part V, ine 8, and Pat Xl ine 4 4 146, 566 ‘5 Foundations that qualify under section 4940(e) or the reduced rae of taxon net investment income. Enier 1% of Pat | line 270 (see page 26 of te instructions) 5 46 6 Adjusted qualifying distributions. Subtract ine 5 from line 4 146,520 Note. The amount on ine 6 wil be used in Prt V, column (b), in subsequent years when calculating whether the foundation qualifies for the section 4840(e) reduction of ax in those years Fam 990-PF (209)11442 10021 Form 990-PF (2008) Part Xill AN THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Undistributed Income (see page 26 of the instructions) Pages 1 Distributable amount for 2008 from Part Xl line7 Undistibuted income, if any, as of the end of 2007. Enter mount for 2007 only bb Total or prior years: 20 2 20 « coxpus © @ Excess distributions caryover, if any to 2008: From 2003 From 2004 From 2005 From 2008 From 2007 Total of ines 3a through & Qualying estributions for 2008 from Part XI, lines: mS ‘Applied to 2007, but nat more than line 2a Appled to undistributed incame of prior years (Election required—see page 26 ofthe instructions) Treated as distributions out of compus (Election required—see page 26 ofthe inetructions) Applied to 2008 dstibutable amount Remaining amount dstibuted out of corpus Excess distributions caryover applied to 2008 (ifan amount appears in column (), the same ‘amount must be shawn in column (2).) Enter the net total of each column as Indicated below: Corpus. Add ines 3, 4, and de, Subtract ne S Poe years! undistributed income. Subtract line from tne 25 Enter the amount of prior years’ undistributed income for which a noice of defciency has been Issued, oF on Which the section 49424a) tax has been previously assessed Subtract ine 6e from tine 6, Taxable ‘amount—see page 27 ofthe instructions Undistibuted income for 2007. Subtract ine 4a from line 2a. Taxable amount—see page 27 ofthe intructions Undistributed income for 2008. Subtract ines “4d and 5 from ine 1. This amount must be distributed in 2008 ‘Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(0)1}\F) or 494216)(3) (see page 27 of the instructions) Excess cistibuttons carryover fom 2003 nat applied online 5 or ine 7 (see page 27 ofthe instructions) Excess distributions carryover 102008. Subtract ines 7 and 8 from line 6a Analy of line 8: Excess from 2004 Excess from 2005 Excess from 2008 Excess from 2007 Excess from 2008 For 990-PF (20811442 1002/2008 1 ‘AN Form 990-PF (2008) THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Page 10 Part XIV. Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9) 18 2a If the foundation has recelved a ring or determination letter that it sa private operating oundation, an! the ruling i effective for 2008, enter the date ofthe ring > N/A Check box to indicate whether the foundation isa private operating foundation described in section [| aaa) or | | aap Enter the lesser ofthe acjusted net Taxyest Pri 3 yes (e) Total income fem Part othe minimum (a) 2008 (o) 2007 (e) 2008 (a) 2005 investment return from Part X for ‘each yea sted 4,585| 644) 5,229 5% ofline 23 3,897 547) 4,444 Qualifying distributions from Part Xi, line 4 for each year sted 146,566 2,262 148,828 Amounsincuded in ine enol sad recy for ctve conduct of exempt aces Qualifying distributions made directly {or active conduct of exempt actus, Subtract ine 2d from line 26 146 566 2,262 148,828 Complete 3a, b, oF ¢ forthe ‘atterative test relied upon “Assets” alternative test—enter: (1) Value of all assets (2) Value of assets qualying under section 4942((3)(8)) “Endowment erative teste 26 of simu syesimant tun shown Pat line fr each yar ated 7,169| 429 7,598 “Support” alternative tester (1) Total support other than gross, Investment income (interest, dvidends, rents. payments on ‘secures loans (section '512(a)(5), or royalties) ‘Suppor from genera pubic ‘and 5 of more exempt ‘organizations 2s proved in section 4942(9(3)(8) Largest amount of suppor from {en exempt organization (4)_Gcoss investment income @) ® Part XV Supplementary Information (Complete this part only if the foundation had $5,000 or more in assets at any time during the year—see page 27 of the instructions.) Information Regarding Foundation Managers: List any managers of the foundation who have cantbted more than 2% of the ttal cantibutions received bythe foundation before the close of any tax year (bt only they have contributed more than $5,000). (See section 507(4)(2).) See Statement 10 List any managers of the foundation who ovm 1036 or more ofthe stock ofa corporation (or an equally large portion ofthe ‘ownership ofa partnership or other entity) of which the foundation has a 10% or greater interest, N/A Information Regarding Gontibuon, Gran, it Loan, Scholerhip, te, Programs Check hae [| ithe tundaten ony males conttons to preset chatable egenzatons and dest accep nated equa fr ins Ite oundten maka its graf, (8 page 28 he matte) oni oF erganzaons under ober onions, compet ta 2b and “The name, adéress, and telephone number ofthe person to whom applications should be addressed GRANT PROPOSALS 336-617-5329 FUND _FOR DEMOCRATIC COMMUNITIES GREENSBORO NC 27403 “The form in which applications should be submited and infomation and materials they should nolude See Statement 11 “Any submission deadlines: See Statement 12 ‘Any restrictions or imitations on awards, suchas by geographical areas, chartable fields, Kinds of institutions, or ther factors: See Statement 13 Form 990-PF (20811442 10/02/2009 11.5 AM Form 990.PF 008) THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Page tt Part XV Supplementary Information (continued) 3_ Grants and Contributions Paid During the Year or Approved for Future Payment Recipient "Sow any me "fate Purpose grat or rout pe ) reece! tention Name and address (home or business) or sunt ‘Paid during the year See Statement 14 43,128 Total > 32 43,128 'b_ Approved for future payment N/A Total > Daa Form 990-PF (208)11442 10/02/2009 11.5 AM Form 990-PF (2008) THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Page 12 Part XVI-A_ Analysis of Income-Producing Activities Enter gross amounts unless oherse iccate. Unisedbuerees income | Ssdeiy woos a4 my Retted ot ext ° » © ° tecionneame Brsinssonce] —atent [tga | Aunt (Seerage att 1 Program sence revenue . hemenstere > 4 ' 19 Fees and contracts from government agencies “Membership ues and assessments Interest on savings and temporary cash investments 14 5, 056| Dividends and interest from securties Net rental income or (oss) from realestate: ‘2 Dettfnanced property b Not debictinanced property 6 Net renal income or (loss) from personal property 7 Other investment income 8 Gain or (ess) from sale of assets oter than inventory 3 0 1 Net income or (oss) from special events 40 Gross proft or (oss) from sales of inventory 11 Other revenue: a b d 42 Subjoial Add columns (6), (@, and (@) 0 5,056] 0 49 Total. Add line 12, columns (), (2), and (e) 8 5,056 (See worksheet in tine 13 instructions on page 26 to verify calculation. PartXVF-B Relationship of Activities to the Accomplishment of Exempt Purposes Line No, | Plain below how each acy for which income is reported in column (e) of Part XV-A contributed importantly to ’ the accomplishment of the foundations exempt purposes (other than by providing funds for such purposes). (See age 28 ofthe instructons, N/A Daa Form 990-PF (208)11442 10/02/2009 11:58 AM Form 990.PF (2008) THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Page 13 Part XVI Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations “1 Did the oxganizaton crectly or indirect engage in any ofthe folowing wth any other organization described Yes | No in section 501(c ofthe Code (other than section 501(c)3) organizations) orn section 527, relating to pottcal ‘organizations? ‘Transfers from the reporting foundiaton to noncharitable exempt organization of (1) cash fran x (2) Other assets fara) x bb Other transactions: (1) Sales of assets toa noncharitable exempt organization Io«1) x (2) Purchases of assets from a nonchaitable exempt organization cy x (@) Rental of facies, equipment, or ether assets foo) x (4) Reimbursement arrangements fecay x (6) Loans or oan guarantees ious x (6) Pesformance of services of membership or fundraising solictations Cy x © Sharing o facies, equipment, mang Ist, other assets, or paid empoyees te x 4 Ifthe anewer to any ofthe above i “Yes,” complete the follaing schedule. Column (b) should alvays chow the fair market value ofthe goods, other assets, or services given by the reporting organization. Ifthe foundation received less than fair market value in any traneaction of sharing arrangement, ehod in column (d) the value of the ood. ther assets, of eenioes received (a) uneno | (b) Amourtinvovec | (c) Name ctnorcartane enpt sganzaten | (d)Oescigion ot vans, asastons, ad staring arangenerts N/A 2a_ Is the foundation direct or indrecty afisted with, or related to, one or more tax-exempt organizations described in secon 801(c) ofthe Code (ther than section 601(¢}3)) or in section 5277 bb_I1 "Yes." complete the follwing schedule (2) Name atewganzaten (0) Type cteganzaien (e) Descipton of atonani N/A bel, fs tre, cores, and corgsete. Declaration of preparer fther than taxpayer oF Husa) based on aliformation of which preparer has ary Knowedge » » PRESIDENT Sigasare doce arta = Tae Date eg Checkit Signature on y Chuck Averre, CPA gi2gjog _|reter#ort +1] expression, Sign Here Preparers Use Only sate Fiménone(nyoust Hollingsworth Avent Averre & Purvis, PA saltenpiyed) adtess, 200 W. Millbrook Road EN» 56-2119415 and 71 cose Raleigh, NC 27609 shores 919-848-4100 Form 990-PF (200811442 10/02/2008 1 AN Depreciation and Amortization rom 4562 see eesten (Including Information on Listed Property) Intemal Reverse Sect” so see separate instructions. Attach to your tax return. Nereis) own on retarn Ieentiying number THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 Business er ety fo wich is form votes Indirect Depreciation Part! Election To Expense Certain Property Under Section 179 Note: If you have any listed property, complete Part V before you complete Part I 1 Maximum smount. See the instructions fora higher it for certain businesses. i 250, 000 2. Total cost of section 179 property placed in service (see instructions) 2 3 Threshold cost of section 178 property before reduction in imtation (see instructions) 3 ‘B00, 000 4 Reduction in imation, Subtract line 3 from line 2, If zero ot less, enter-0- ‘ {5 Dolar imation fr tx year, Subic om i 1260 cross, ener 0. I mare fing separate, se istetons 5 (2) Descroton ot prover (8) Cont (business use ont) |e) Eien é 7 Usted propery. Enter the amount rom ine 29 7 8 Total elected cost of section 179 property. Add amounts in column (c), nes 6 and 7 a 9 Tentative deduction. Enter the smaller of ine Sor line 8 ° 40 Carryover of cieallowied deduction from line 13 of your 2007 Ferm 4862 40 114 Business income limitation. Enter the smaller of business income (nt less than zea) or line 5 (see instructions) m7 12._Section 179 expense deduction. Ad lines 9 and 10, but do net eter more than line 11 12 13 _ Carryover of eisallowed deduction to 2008. Add ines 9 and 10, less ine 12 > lis ‘Note: Do nat use Par I or Part il below fr isted property. Instead, use Par V. Partil Special Depreciation Allowance and Other Depreciation (Do not include listed property.) (See instructions. {4 Special deprecation allowance for qualified property (ther than listed property) placed in service during the tax year (see instructions) 14 500 45 Property subject to section 168(9) election 15 16 _Oither depreciation (nciuding ACRS) 16 1,030 Part ill MACRS Depreciation (Do not include listed property.) (See instructions.) ‘Section & {7 _ MACRS deductons for assets placed in service in ox years beginning before 2008, [a 1,847 18_tyou se elesng to group ay osets laced nsenoe cng te tenes” to one of mote genet! ott socourtschecknete ‘Section B—Assets Placed in Service During 2008 Tax Year Using the General Depreciation System (©) North and] (e)_ Basix cepreision [ay meoory (2) Cisieaton of popety Searpocrs | (laneeciatenuee [R= | a) cameron | (0 athoe | tg) cepreitin decton iga_ Sear proper bS.year property 14,572| 5.0 | BY 200DB 2,915 ¢ 7-year proper 1,557| 7.0 | HY 200DB, 222 'd_ 10-year property ce 15:year property 1 20-year property 9 25.yea proper 25 ys. Si Ih Residential rental 215ys wnt SA. property 275 ys MM SM Nonresident eal 39 ys. MM Si. property MM Sit ‘Section Assets Placed in Service During 2008 Tax Year Using the Alternative Depreciation System 2a_Ciess ie Si. bb 12.80" iy Sit © 40year 40 ys. ma SA. PartlV_ Summary (See instructions.) 21 Usted property. Enter amount from ine 28 a 22. Total. Add amounts from line 12, hn 14 through 17 lines 19 and 20 in column (@), and ne 2. Enier here and on the appropiate nes of your return, Partnerships and S corporations —e ict. 2 6,514 23 For esses shown above and placed in sence during the current year, center the portion ofthe bass atibutabe to section 263A costs 2 For Paperwork Reduction Act Notice, see separate instructions. Form 4562 2005)11442 10021 AN 4 THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 PartV. sted Property (Include automobiles, certain other vehicles, cellular telephones, certain computers, and property used for entertainment, recreation, or amusement.) 24a _Do you nave evience to suppor the businessinvestmert vee claimed? [Ives [ [no | 24) i Yes," is the evidence witen? ‘ves | [No “spadthnen © cukfeses ry o | @ @ o @ vegcleers] Oweecean | eke | comerarer | Gena comecme [Feceey | Memo | oxpoaiton | eet 28 Aad amounts in column (fy, nes 25 trough Z7_ Enter here and on ne 21, page 7 Lae moma se ant soe sot pea Anois usin a eee esa enocreaeo eny eee ee ee a ene santana clon chaulyway teases se boymovet anc sonccebyenln sspectet aoe awa a eran an stators eee Part Vi Amortization aaa a Es rian doa tna z Te Seon ee cnn une tomga 4 Ties Form 4562 (2008)11442 THE FUND FOR DEMOCRATIC COMMUNITIES 10/2/2009 11:58 AM 26-0344869 Federal Statements FYE: 12/31/2008 Statement 1 - Form 990-PF, Part |, Line 16a - Legal Fees Description Net Adjusted Charitable Total Investment Net Purpose ‘Statement 2 - Form 990-PF, Part |, Line 16b - Accounting Fees Description Net Adjusted Charitable Total Investment Net Purpose ACCOUNTING $ § Total ‘Statement 3 - Form 990-PF, Part |, Line 18 - Taxes Description Net Adjusted Charitable Total Investment Net Purpose LOYER TAXES $ 7,666 $ $ $ 5,750 396 396 Total 1311442 THE FUND FOR DEMOCRATIC COMMUNITIES, 10/2/2009 11:58 AM 26-0344869 Federal Statements FYE: 12/31/2008 Statement 4 - Form 990-PF, Part |, Line 19 - Depreciation Description Date Cost Prior Year Current Year Net Investment Adjusted Net Acquired Basis Depreciation Method Life. _Depreciation Income Income APPLE MACBOOK PRO 17" 10/19/07 § 4,664 § 208 200DB 5s 1,782 $ $ WESTERN DIGITAL 250 GB MYBOOK PRO 10/19/07 171 8 200DB 5 65 DESK, HUTCH, CHAIR, CABINET, BKCASE, 1/10/08 1,185 7 71 SMALL DESK, TABLE 5/01/08 200DB 7 13 2 DRAWER FILING CAB 9/08/08 20008 7 16 LEATHER OFFICE CHATR 10/02/08 28 7 18 HP LASERJET PRINTER 1/14/08 419 200DB 5 84 2 COMPAC PRESARIO LAPTOPS 2/01/08 1 200DB 5 426 500 GB EXTERNAL DRIVE 2/01/08 20008 5 29 LINKSYS NAS200 NETWRK SYSTEM 2/23/08 200DB 5 8 WD 500 GB HARD DRIVE 2/23/08 200DB 5 30 BH 500 COPIER 6/02/08 9,599 5 1,920 VOSTRO 200 DESKTOP 6/20/08 5 16 2 VOSTRO 1400 LAPT 6/24/08 5 235 ‘TELEPHONE 4/26/08 5 cn NETWORK & ROUTER EQUIPMENT 9/23/08 65 5 99 2 DRAWER FILE CABINET 9/10/08 60 7 34 QUICKBOOKS PREMIER 30/07 438 28 3 14611442 THE FUND FOR DEMOCRATIC COMMUNITIES, 10/2/2009 11:58 AM 26-0344869 Federal Statements FYE: 12/31/2008 ss ‘orm 990-PF, Part I, Line 19 - Depre: Description Date Cost Prior Year Current Year Net Investment Adjusted Net Acquired Basis Depreciation Method Life. _Depreciation Income Income DESKTOP 3.0 FOR MAC 10/20/07 $ 00 $ 2 3 § 33 $ $ ADOBE CS3 DESIGN PREM 10/13/0' 1,896 114 3 632 Ms WINDOWS XP 10/19/07 8 18 3 99 GOTHAM ROUNDED MAC LI (2) 1/05/08 576 3 384 QUICKBOOKS PRO 2007, OFFICE 2008 4/08/08 9 3 8 Statement 5 - Form 990-PF, Part |, Line 23 - Amortization Description Date Cost Prior Year Current Year Net Investment Adjusted Net Acquired Basis Amortization Life _ Amortization Income Income _ COGS. START UP COSTS 6/05/07 $ 17,726 § 68915 $ 1,182 § $ $ 17,726 § 689 8 1,182 $ o $s 0 4511442 THE FUND FOR DEMOCRATIC COMMUNITIES 10/2/2009 11:58 AM 26-0344869 Federal Statements FYE: 12/31/2008 Statement 6 - Form 990-PF, Part |, Line 23 - Other Expenses Description Net Adjusted Charitable Total Investment. Net. Purpose 3s $ 8 3 Expenses OUTSIDE CONTRACTOR SERVICES 9,900 960 BOOKS, SUBSCRIPTIONS 60 160 POSTAGE, MAILING SERVICE 115 SUPPLIES 530 TELEPHONE 924 499 OFFICE SUPPLIES 2,145 BOARD MEETING FOOD 2,130 672 FOOD FOR INTERNAL MEETINGS 953 646 BUSINESS MEALS 225 8 ADVERTISING 312 522 INSURANCE 1,718 DUES 585 125 VOLUNTEER APPRECIATION 118 SL ORGANIZATIONAL DEVEL! 690 PAYROLL PRO 1,312 984 BANKING FEES Total11442 THE FUND FOR DEMOCRATIC COMMUNITIES, 10/2/2009 11:58 AM 26-0344869 Federal Statements FYE: 12/31/2008 Statement 7 - Form 990-PF, Part Il, Line 14 - Land, Building, and Equipment Beginning End End Accumulated Net Description Net Book Cost / Basis Depreciation FMV. com $ 71 $ 9,838 § $ 6,708 SOFTWARE 43 3,505 1,925 FURNISHINGS 1587 1335 OFFICE EQUIPMENT 9,653 7,722 START UP COSTS 17,726 15, 855 5,313 $ 25,293 8 42,309 8 8,764 $ 33,54511442 THE FUND FOR DEMOCRATIC COMMUNITIES, 26-0344869 Federal Statements FYE: 12/31/2008 10/2/2009 11:58 AM Statement 8 - Form 990-PF, Part VILA, 1e 10 - Substantial Contributors Address City, State, Zip W. HAYDEN THOME ROAD BEDFORD HEIGHTS OH 4414611442 THE FUND FOR DEMOCRATIC COMMUNITIES, 10/2/2009 11:58 AM 26-0344869 Federal Statements FYE: 12/31/2008 Statement 9 - Form 990-PF, Part VIll, Line 4 - List of Offi ers, Directors, Trustees, Ete. Name and Average Address Title Hours Compensation Benefits Expenses MARNIE THOMPSON PRESIDENT 20 0 0 0 1214 GROVE STREET SREENSBORO NC 2 ED WHIT EXE DIREC’ 20, 15,000 0 ° 1214 GROVE GREENSBORO SABRINA ABNEY DIRECTOR 2 0 0 o 214 GROVE STREET INSBORO NC 27403 DIRECTOR 2 0 ° DIRECTOR 2 ° ° ° 1214 GROVE STREET GREENSBORO NC 27403 JONATHAN HENDERSON DIRECTOR 2 0 ° 1214 GREENSBORO NN JOHNSON DIRECTOR 2 0 0 ° ROVE STREET GREENSBORO NC 27403 MUKTHA JOST DIRECTOR 2 0 ° ° 1214 GROVE STREET GREENSBORO NC 27403 KYLE LAMBELET DIRECTOR 2 0 0 ° 214 GROVE STREET NICLOLE LAMBELET DIRECTOR 2 0 0 011442 THE FUND FOR DEMOCRATIC COMMUNITIES 26-0344869 FYE; 12/31/2008 Federal Statements 10/2/2009 11:58 AM Statement 9 - Form 990-PF, Part Vill, Line 1 - List of Officers, Directors, Trustees, Etc. (continued) Name and Average Address Title Hours Compensation Benefits Expenses 214 GROVE STREET GREENSBORO NC 27403 ENZO MEACHUM DIRECTOR 2 o 0 ° ROVE STREET 27403 DIRECTOR 2 ° ° ° 214 GROVE STREET GREENSBORO NC 27403 STEVE SUMMERFORD DIRECTOR 2 0 0 ° 4 GROVE STREET GREENSBORO NC 27403 JOYA WESLEY DIRECTOR 2 ° ° ° 1214 GROVE GREENSBORO NC11442 THE FUND FOR DEMOCRATIC COMMUNITIES 10/2/2009 11:58 AM 26-0344869 Federal Statements FYE: 12/31/2008 Statement 10 - Form 990-PF, Part XV, Line 1a - Managers Who Contributed Over 2% or $5,000 Name of Manager Amount STEPHEN JOHNSON $ 32,311 MARNIE THOMPSON 32,310 Total $ 64, 621 Statement 11 - Form 990-PF, Part XV, Line 2b - Application Format and Required Contents Description T COMPLETE F4DC.ORG. GRANT APPLICANTS AVAILABLE ONLINE AT GRANT Statement 12 - Form 990-PF, Part XV, Line 2c - Submission Deadlines Description IN 2008 THERE WERE TWO GRANT CYCL POSTED AT WHW.F4DC.ORG “THE FUND FOR DEMOCRAT GUIDELINES." PROPOSALS OFFICE #Y 11:50 PM ON THE POST GRANT CYCLES W DOCUMENT BN : 2008 GRANT EIVED AT TH D DEADLINE DATE. apc Statement 13 - Form 990-PF, Part XV, Line 2d - Award Restrictions or Limitations Description MUST SIGN GRANT AGREEMENT FORM STATING THAT GRANT WILL BE USED FOR THE PURPOSE INTENDED. OTHER GUIDELINES ARE LATD OUT IN A DOWNLOADABLE DOCUMENT ENTITLED "AFTER THE GRANT IS AWARDED" AT '4DC ORG 10-1311442 THE FUND FOR DEMOCRATIC COMMUNITIES, 10/2/2009 11:58 AM 26-0344869 Federal Statements FYE: 12/31/2008 Statement 14 - Form 990-PF, Part XV, Line 3a - Grants and Contributions Paid During the Year Name Address Address Relationship Status Purpose Amount HOMEKEEPING MORTGAGE DEFA 2808 FOUR SEASONS BLVD GREENSBORO NC 27406 STAFF/BOARD DEVELOPMENT /OUTREACH 3,000 HEIRS TO A FIGHTING TRADI 104 SOUTHAMPTON DRIVE KNIGHTDALE NC 27545 SPEAK YOUR TRUTH INSTITUTES 1,500 LATINO COALITION OF RANDO P 0 BOK 352 HEVILLE NC 27204 RANDOLPH READS JUST ECONOMICS OF WESTERN ASHEVILLE NC 28802 VOICES FOR ECONOMIC JUSTICE 2,000 PAIGN FOR Y 117 sourH DUDLEY Wi FARM LABOR ORGANIZING COMMIT! COMMUNITY IN 4515 BROMLEY DRIVE GREENSBORO NC 2 WEBSITE PUBLICITY - COMMUNITY ASS'N FRESHLIFE, INC P © BOX 1310 DURKAM NC 27709 DISCOVERY CA 2,000 STONE CIRCLES 6602 NICKS ROAD MEBANE NC 27302 SOUL SANCTUARY 2,000 BURNSVI |AND COMMUNITY P © BOX 1059 BURNSVILLE NC 28714 FUND BILINGUAL COMMUNITY ORGANI 2,000 GREATER GLENWOOD NEIGHBOR C/O KATES, 1118 LEXINGTON MURAL 500 2808 FOUR SEASONS BLVD COUNSELOR TRAINING/CERTIFICATION 3,000 122 NORTH ELM STREET M FUTURE LEADERS PROGRAM 01 SOUTH MARSHALL ST CRACK INTERVENTION RESEARCH PROJECT BELOVED CoMMl 269-114 SOUTH MAIN ST HIGH POINT N GIL BARBER HEALING THE KURT PROGRAM CENTER FOR CREATIVE ARTS 200 NORTH DAVIE ST BOX 13 LOS ARTISTAS PO BOX 61865 620 SOUTH ELM ST, STE 381 PARITIES COLLA! AFSC 6306 WEST MARKET STREE GREENSBORO NC 27410 TRUTH IN RECRUITING11442 THE FUND FOR DEMOCRATIC COMMUNITIES, 10/2/2009 11:58 AM 26-0344869 Federal Statements FYE: 12/31/2008 ‘Statement 14 - Form 990-PF, Part XV, Line 3a - Grants and Contributions Paid During the Year (continued) Name Address Address Relationship Status Purpose ‘Amount MILLENIUM MINDS 1103 WEST LEE STREET GREENSBORO NC 27403 KEY RING INHERITANCE/100 LEADERS 1,500 NS HE 1713 MHRA BUILDING CAREGIVER VILLAGE GREENSBORO HIVE 1 W FLORIDA SBORO NC 27 c/o BRATZ, ANNIVERSARY CELEBRATION 203 417 ARLINGTON STREET PIN DINNER, REMEAU MTGS, UNITY CONF 825 14